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The latest announcement is out from Zenith Energy ( (GB:ZEN) ).
Zenith Energy Ltd. has expanded its renewable energy portfolio by acquiring three solar energy assets in Italy, located in Piedmont, Lazio, and Liguria. The acquisitions align with Zenith’s strategy to build a 20 MWp capacity portfolio by the end of 2025, marking its transition into a cash-generating renewable energy producer. The projects include a mix of ready-to-build and agrivoltaic projects, with planned infrastructural upgrades expected to enhance revenue generation. The company has terminated a previously announced acquisition in Sicily, focusing instead on the successful integration and development of its current projects.
More about Zenith Energy
Zenith Energy Ltd. is a revenue-generating independent energy company with operations in North Africa, the US, and Europe. It focuses on energy production, exploration, and development, with a strategic emphasis on developing proven revenue-generating assets and undertaking low-risk exploration activities. The company is listed on the London Stock Exchange, the Oslo Stock Exchange, and the Pink Markets of the OTC.
Average Trading Volume: 758,271
Technical Sentiment Signal: Buy
Current Market Cap: £47.71M
See more data about ZEN stock on TipRanks’ Stock Analysis page.